There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 8 Directors and Officers
271B.8.580 Application of KRS 271B.8-500 to 271B.8-580.
Download pdfrights to which those seeking indemnification or advancement of expenses may be
entitled under any bylaw, agreement, vote of shareholders or disinterested directors,
or otherwise, both as to action in his official capacity and as to action in another
capacity while holding such office. (2) KRS 271B.8-500 to 271B.8-580 shall not limit a corporation's power to pay or reimburse expenses incurred by a director in connection with his appearance as a
witness at a proceeding at a time when he has not been made a named defendant or
responded to the proceeding. Effective: January 1, 1989
History: Created 1988 Ky. Acts ch. 23, sec. 102, effective January 1, 1989.
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